Definition
Value addition is the creation of value at different stages, by different actors throughout the value chain by add value of agricultural production. Value added may be related to quality, costs, delivery times, delivery flexibility, and innovativeness of agricultural products, among other characteristics. The size of value added is decided by the end customer’s willingness to pay. Opportunities to add value depend on a number of factors, such as market characteristics; institutional, social, and environmental conditions; and technological capabilities of the actors involved in that process.
Introduction
Globalization and expanding international markets as well as the fast-growing middle- and high-income classes in many developing countries offer opportunities for developing country agricultural and other producers to operate in emerging national and international markets (Trienekens 2011). According to this last author, that means that producers must gain better control...
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Dos-Santos, M.J.P.L. (2020). Value Addition of Agricultural Production to Meet the Sustainable Development Goals. In: Leal Filho, W., Azul, A., Brandli, L., Özuyar, P., Wall, T. (eds) Zero Hunger. Encyclopedia of the UN Sustainable Development Goals. Springer, Cham. https://doi.org/10.1007/978-3-319-69626-3_55-1
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